Philomaxcap AG: Capital increase resolved on January 8, 2021 will not be implemented

München (pta038/01.07.2021/16:50 UTC+2) On January 8, 2021, the Extraordinary General Meeting of the Company resolved to increase the Company's share capital by up to EUR 12,000,000.00 by way of a capital increase against contribution in kind. Several plaintiffs have filed actions for rescission against this resolution with the Regional Court (Landgericht) Munich I .

The Executive Board and the Supervisory Board of Philomaxcap AG decided today not to defend themselves further against the pending lawsuits, but to terminate the proceedings by acknowledgement. The resolved capital increase will thus not be implemented.

(end)

Emitter:	Philomaxcap AG Marienplatz 2 80331 München Germany
Contact Person:	Investor Relations
Phone:	+49 89 1392 8890
E-Mail:	info@philomaxcap.de
Website:	www.philomaxcap.de
ISIN(s):	DE000A1A6WB2 (Share) DE000A254V53 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt; Free Market in Dusseldorf, Stuttgart